Indiana § 6-7-2-24 Civil penalty for purchase of taxable products from a distributor that is
not licensed

Indiana Statutes

§ 6-7-2-24 — Civil penalty for purchase of taxable products from a distributor that is not licensed

Indiana·Art. 7 TOBACCO TAXES·Ch. 2 Tobacco Products Tax

A retailer (except a remote seller that is required to remit tax imposed by this chapter) who purchases a taxable product from a distributor who has not obtained a license required under section 8 of this chapter or whose license has been suspended or revoked by the department is subject to a penalty not to exceed the greater of:

(1)one hundred percent (100%) of the retail value of the taxable product; or

(2)five thousand dollars ($5,000); on the purchase.

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A retailer (except a remote seller that is
required to remit tax imposed by this chapter) who purchases a taxable
product from a distributor who has not obtained a license required
under section 8 of this chapter or whose license has been suspended or
revoked by the department is subject to a penalty not to exceed the
greater of:
(1) one hundred percent (100%) of the retail value of the taxable
product; or
(2) five thousand dollars ($5,000);
on the purchase.

Indiana § 6-7-2-24 (Civil penalty for purchase of taxable products from a distributor that is not licensed) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.